Life Quality Motor Sales, Inc.

$1,002,757 PPP Loan in Brooklyn, New York

Loan Details

Loan Number
2731627703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,002,757
Current Approval
$1,002,757
Forgiveness Amount
$1,012,693
Forgiveness Date
May 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Life Quality Motor Sales, Inc.
Address
9326 4th Ave
ZIP Code
11209
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$126.0M
Rural/Urban
Urban
Congressional District
NY-11

Loan Use Breakdown

Payroll
$764,890
Rent
$200,551
Health Care
$37,316

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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